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, this is "democracy now!" >> in egypt, the united states followed standard operating procedure. standard procedure when one of your favorite dictators gets into trouble. first, the support him as long as possible. but if it becomes really impossible, say the army turns against him, then you send him out to pasture and get the intellectual quest to issue declarations about your love of democracy, then try to restore the bill system as much as possible. >> "who owns the world?" with the presidential election less than two away, we turn to a major new address by noam chomsky on pressing topics not addressed in the president to campaign -- climate change, latin america's break with the united states, the arab spring, and the danger nuclear-weapons already pose in the middle east. >> israel refuses to allow inspections at all, refuses to join the non-proliferation treaty, has hundreds of nuclear weapons, advanced delivery system, and a long record of violence and repression. >> all of that and more coming up. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. we are
talk this afternoon is, love and honor in 1812. patriotism and popular culture in the new united states. on june 19th of 1812, james madison made a public announcement of the first war ever to be declared in the history of the united states. he said, quote, i exhort all the good people of the united states as they love their country, as they feel wrongs, that they exert themselves. madison's call made clear that the expectation of showing love of country required giving support to the war. at a moment of national crisis patriotism was needed. he sought to justify the conflict to the population at large and motivate the country to support the war. the stakes were high because although a majority in congress had voted in favor of declaring war not one single member of the federalist party had voted in support of the war. northeastern federalists took a very skeptical view of the war, far more so than did southern and western members of the democratic republican party that madison was leading. ostensibly a conflict with britain over national sovereignty, the american war of 1812 very quick
here tonight will become president of the united states. the candidates are senator dan quayle and lloyd bentsen, the democratic nominee. [applause] for the next 90 minutes, we will be questioning the candidates following a format designed and agreed to by representatives of the two campaigns. however, there are america rigid restrictions on the questions my colleagues and i may ask. the first question goes to senator quayle. you have to the minister responded. you have been criticized for your decision to stay out of the vietnam war, for your poor economic -- academic record. more troubling by some of the comments to have made in your own party. a separate -- secretary of the state said your peck was the dumbest mistake george bush could have made it. your leader added to the senate said a better qualified person could have been chosen. other republicans have been more critical in private. why do you think you have not made a more substantial impression on some of the people who have been able to observe the up close? >> the question goes to whether yes or qualified to be the
in an interview the united states both economically and militarily and also in terms of its overall influence, really is as strong as it's ever been. he said this on february 21st, 2012 in case you want to pinpoint at least that statement. tom, do you agree with the assertion that right now or in 2012 the united states is as strong as it's ever been? >> that depends, david come if you were speaking about strong, relative in to houma? and in what area. i think there is no question in terms of influence. and on the global stage where the country that is most emulated in the world. but it is possible as mohammed said the world's cleanest dirty shirt also. and so come on a really prefer to think about american strength and i have to answer this question in a little bit of detail in terms of what are the things that have made us strong to start with? and i would argue that we had a formula for success in this country and was built on five pillars. one was educate our people love to and beyond what the technology was so we could get the most out of it. so it was universal primary education, the fac
are approached or anything happens in your professional lives with the united states government that you have any questions about, please come to this committee. we take the work of whistle- blowers and people who give testimony very seriously. you have been critical to bring out things which would not have -- which would not have come out to. i will close with two comments. that i took away from today. he did not produce security at -- you do not reduce security at the -- the same time as you are increasing hazardous duty pay. it does not make sense. i have not heard that question asked and answered. i only heard that it occurred. i think the state department to take away from today and understanding that that sends a message that says, we will pay you for the risk. we will not pay to have you made safer. that is the impression that anyone would get if you reduce the staffing below recommendations or request an increase the pay. i do not think the men and women who service overseas want. i know the compensation for hardship is important, but safety comes first. i have the marine fellow who work
this serious occur in an administration and have a president of the united states in a situation like this say he didn't know? a president must know these things. i don't know which is worse, not knowing or knowing and not stopping it. and what about the mining of the harbors in nicaragua which violated international law? this has hurt this country, and a president's supposed to command. >> mr. president, your rebuttal. >> yes. i have so many things there to respond to, i'm going to pick out something you said earlier. you've been all over the country repeating something that, i will admit, the press has also been repeating-that i believed that nuclear misses could be fired and then called back. i never, ever conceived of such a thing. i never said any such thing. in a discussion of our strategic arms negotiations, i said that submarines carrying ssiles and airplanes carrying missiles we more conventional- type weapons, not as destabilizing as the land-based missiles, and that they were also weapons that -- or carriers-that if they were sent out and there was a change, you could call them back
.d.'s are coming from the united states, in our most complete engineering schools. that is a recipe for disaster. that is a recipe for disaster. we do not ever talk about it. we're just letting the thing unraveled. what about best new engineering schools, which you will be hearing about in a few days, in dallas, and they have a great school, but guess what -- i asked them onetime how many people they have from china, and this university right here, 2000, added to the top. >> this is an example of how we need to modernize our immigration policy and how we need to change education policy alice well. immigration policy is based on family relationships. it is not based on economic considerations, skills and knowledge. while we need to revitalize education for americans, we need to recognize the extent to which people are coming to america to learn we need to do what we need to do to keep them in america. >> this is our core problem. there trillions of connections in the brain called neurons. they start down at age 6 when they start public school. kids at a school soared like eagles, got college scho
that are investing right here in iowa, right here in the united states of america, rebuilding our manufacturing. [applause] i want to control more of our own energy. you heard last night oil production is up, natural gas production is up. we'vee've also said is got to develop a new source of energy and we've got to be more fisht with our economy. so we raised fuel efficiency on cars so your car will go twice as far on a gallon of gas. we had double the amount of renewable energy we generate from wind and solar and buy fuels. today the united states of america is less dependent on foreign oil than any time in the last two decades. so the question -- so the choice you have -- you heard last night, it's not a choice between oil versus solar or natural gas versus wind. we all agree we got to increase oil production and natural gas production. but the question is whether we build on the progress for the new energy source of the future. i'm not going to keep on giving corporate tax funded welfare to oil companies $4 billion a year when we could use that money to promote wind and solar and long-lastin
at that point, bun of the biggest banks in the united states. things vice president changed. not in major terms of the bank. should be working for the bank as a whole. for the customer they shouldn't be seeking big rewards in themselves. contrast that to what goes on themselves. tremendous part of the conversation not just in bonuses. compared to what they would have been 20 or 25 years ago. no what kind of climate does that create? they get to elaborate a little bit. people who criticize this rule, they are sure to speculative access. infact, a lot of things are at the heart of the banking crisis. why did that go wild? i would argue that the kpep sags practices crept in into trading parts of the bank. so the lending offices said, how can hay make a lot of money and get a big bonus? over simplifying a little bit. it's true. the chairman of the citi bank. the biggest bank. a couple of trillion dollar banks. he said to me, we put these two different kinds of organizations together and it different work. and it's a cultural problem. you didn't just regular rate the losses. it created a tension in
have ever served with in all my years in the united states senate and one of the people who, when you say his name in washington, when you say his name here i'm sure, when you say the name her call, you say integrity -- the name herb cole, you say integrity. [applause] your presence will be missed, particularly by me. we served together for a long time on the same committees. whenever i was not quite sure of what i was doing, i would pull him aside or go see him -- no, seriously, this man has a lot of wisdom. i will miss you, herb. [applause] my name is joe biden. i am deal by in -- i am jill biden's has been geared that is how i am known in washington -- husband. biden's that is how i am known in washington. last night, we had a little bit of a debate with a gentleman. and he is a gentleman. the demand from wisconsin, congressman ryan -- [booing] i hardly agree with anything he says, but i think he is a decent guy and he has a great family and he is a great husband and father. for that, i have great respect for him. [applause] but you know, anybody who watched the debate, i don't thi
legislature. but i'm also a serious guy. i think the presidency of the united states is a very serious office, and i think we have to address these issues in a very serious way. so i hope and expect that i will be liked by the people of this country as president of the united states. i certainly hope i will be liked by them on the 8th of november. [laughter] but i also think it's important to be somebody who is willing to make those tough choices. now, we have just heard two or three times from the vice president he's not going to raise taxes. i repeat, within days after you made that pledge, you broke it. you said, well, maybe as a last resort we'll do it. and you supported legislation this year that's involved tax increases not once, but twice. so that pledge isn't realistic, and i think the vice president knows it. i think the people of this country know it. the fact of the matter is that the next president of the united states is going to have to go to the white house seriously, he is going to have to work with the congress seriously. he can't turn to the congress and blame them for the f
of the united states. >>> the obama campaign is calling that an out of context attack. the numbers they say mr. biden buried line including that that reflect high unemployment rising debt and smaller paychecks over the last four years. >> newt gingrich is talking about. >> newt beginnihe went on the r what he has to do. >>> it is a clear-cut situation. romney has to be clear and factual and stick to his grounds. he has to recognize he's up against the incumbent president of the united states. rom hee will t romney will try r call him. romney is going to have to communicate past layer and past obama to reach the american people. if he does that i think he could have a very good night and you could see a very good race by thursday morning. >> later in the show you are going to hear from romney's former debate coach who is with him during the primary. oo tonight's debate is exactly what we would like to hear from you on today. what would you like to hear from the candidates tonight? send your comments over to us. tweet them to us at foxfriendsfirst@foxnews.com. >> those are the top stories making
assistance today, we will be able to take a broad look at how the arab world is looking at the united states and the u.s. public is looking at the arab world as the arab awakening continues to create a very uncertain and very fast changing environment. so, i am grateful to all of you for coming and look forward to our discussion and at this point i would like to invite shibley telhami to the podium to present the poll. >> thanks a lot, tammie. it's always great to be here. i'm going to just present not the whole thing but some of the findings so we can get on with the conversation i will present a highlight. i just want to give you a little bit of a picture about this particular poll. it was conducted by knowledge networks sample of 737 that is designed to be a national representative in an internet panel. the methodology is described in the information that we will put all and is also available online. i also want to say that it's really my pleasure and honor to partner to the sinnott program at the university of maryland, and a program for policy international policy attitudes and particul
. a lot of people i've heard about the trade conflict between the united states and china on solar panels. this is an interesting prism to view the chinese economy more broadly because this is a classic case of china really pushing hard for big innovation and winding up with little innovation that doesn't get them to where they want to go and part of china's innovation policy is targeting strategic emerging industries. these are the industries that beijing thinks will be the industry's of the future. the biggest is green energy including solar and wind and electric vehicles and other green energy technologies so they have unleashed a lot of funding to support grain energy innovation. most of that funding has created instead of mosul products continuing the same old model process innovation which is making the products created in the west faster and cheaper and therefore using that to take away some of the u.s. market share. they've been very successful doing that on solar energy. china is making solar panels at lower prices than other countries around the world and therefore they are subs
am running for the united states senate. to change the want leadership in washington. we can change that. that is why i am running for the senate. i want to pass a balanced budget. i am not your usual politician. i'm not one of the good old boys pay ed i will make this tough decisions in the united states senate. i will roll up my sleeves, work hard for you, and i will fight for you. >> now the opening statement from bob kerrey. >> thank you. i love nebraska. i always have and i always will. i was born here in lincoln. i left nebraska and went to war and came home, and i recovered from illness in the lincoln. i started a business that employed more than 700 people. i served as your governor, balancing our budget, and i left after four years and went back to business. i served as your son that -- as your senator, and again we balance our budget. i am a candidate for congress for the senate because congress needs to change, and i will fight to make that happen. i have never had and never will be a cookie cutter politician. i never have and never will be anything other than someone who
and influential spokesman for the worlds of finance and business in the united states. the way it is going to work today is seen narrowing to have this conversation for a few minutes and then and we will open and up to you all for your questions. let me just give one are to conflict of interest on the table. the corporate member. the council on foreign relations, one of around 175 corporate members, and i am a shareholder in the company. unfortunately i am a distinct minority shareholder. i wish it were enough to present a conflict of interest, but is not. of greek heritage. so let's -- the last 24 hours the chancellor of germany has been visiting the country of your ancestors, of your four bears. how worried are you about the prospects for greece cack and what it might mean not just for greece and not just for europe, but the globalization and economic linkages for the estates and indirectly your own institutions . so thank you for the introduction. my ancestors, he can blame me for what's going on there. as a side note i remember my grandfather coming home years ago and yelling and screaming abo
of global test before u.s. troops are deployed pre-emptively to protect the united states. that's part of a track record that goes back to the 1970's when he ran for congress the first time and said troops should not be deployed without u.n. approval. then in the mid 1980's, he ran on the basis of cutting most of our major defense programs. in 1991, he voted against desert storm. it's a consistent pattern over time of always being on the wrong side of defense issues. a little tough talk in the midst of a campaign or as part of a presidential debate cannot obscure a record of 30 years of being on the wrong side of defense issues. and they give absolute no ibbed case based on that record of being willing to go forward and aggressively pursue the war on terror with the kind of strategy that will defeat our enemies and will guarantee the united states doesn't get attacked by the likes of al qaeda. >> we'll get back to that topic. tonight we mentioned afghanistan. we believe that osama bin laden is hiding perhaps in a cave somewhere along the afghan-pakistan border. if you get a second term
security threat to the united states and to israel. that's why i authorized the most crippling sanctions one country has ever eleven individual against another against iran. the results of that we just saw in news reports this week their currency devalued by 40%. the shipments of oil dramatically reduced hurting their economy. those sanctions i co-authorized is to create an economic news to deter them from seeking nuclear weapons. so i believe these sanctions still have time. it is been suggestioned the time clock is sometime next year. if these sanctions cripple their economy, i think we can deter them. >> well, that all sounds just fine but unfortunately, it doesn't appear that the sanctions are working. too little, too late and it's a very critical time for our country and for the world at large. and so i know that as a member of the senate, i'm going to do everything humanly possible through my vote, through advocacy and in every other way to make sure that iran never, never gets a nuclear weapon. this is the greatest threat to our country and to the world. and i just hope that the f
. still, turkish lawmakers today voted to authorize cross border attacks. in the united states, secretary of state, hillary clinton, called the turkish foreign minister and pled the united states support. syria was the ally of turkey but now it is a bitter enemy after syria erupted in a bloody civil war 19 months ago, a violent revolution which human rights groups say has killed some 30,000 people. the chief fox correspondent, jonathan hunt, is like with the news. tensions are clearly still very high along that border. >>jonathan: they are. syria share as lengthy border with turkey. it is just on the syrian side of that border where the rebels are in many towns the strongest. it is across that border that many of the refugees from the civil war in syria have fled. it is a border that turkey says it has the right and more importantly, perhaps, the ability to defend. in so doing, at the moment, it has the complete support of the united states. listen. >> from our perspective, the response that turkey made was appropriate. it also was designed to strengthen the deterrent effect so these kind
to the united states given a zero corporate tax rate environment. are you hearing these things from these other two guys? no, not even remotely close. they're arguing over who's going to spend more money on medicare. romney says he wants to balance the federal budget, but that he wants to increase spending for the military. well, it doesn't add up. and if we want to believe in the things that these guys are saying, then i guess we belief in the easter bunny and santa claus and by extension the tooth fairy and, steve, i don't think thai coming. >> host: gary johnson is with us, and want to remind viewers we'll a add a fourth line this morning for third-party voters, 202-585-3883 is your line, and we'll get to your calls in just a couple moments. at this point, um, governor johnson, what's the strategy for the rest of the election? where are you focusing most of your time and attention right now? >> guest: oh, right now there's a lot of attention that's being drawn to what it is that i am saying. i'm being recognized now for being at 6% nationally. um, i'll just ask you an obvious question here t
from the hospital on wednesday. >>> a radical islamist clerk is on the way to the united states after losing his latest and final appeal to avoid that fate. judge john thomas said the extradition may proceed immediately. some of the supporters clashed with police outside of the high court. he faces 11 charges in the united states, including conspireing in 1999 to set up an islam jihad training camp in oregon. rebel fighters shot down a helicopter over the the damascus country side. this video supposedly shows. cnn cannot verify its authenticity. another opposition group known as the local coordination committees for syria says 110 were killed by syrian forces across the country just today. former university of tennessee basketball coach pat summitt says she was not forced after her job after being diagnosed with di min. she says anyone who knows me knows that any such effort would have been met with resistance -- as the head coach of the lady vols. >>> it has been 428 days since the u.s. lost its top credit rating. what are we doing to get it back? the federal deficit has hit $1.1 tri
at the united states because as you have said that has happened too often in the past. that tragedy should occur we have to step in without any margin for error, enough time for preparation to take over the responsibilities for the biggest job in the world, that of running this great country of ours, to take over the awesome responsibility for commanding the nuclear weaponry that this country has. the debate tonight is a debate about a presidential decision that has to be made by you. the stakes could not be higher. >> moderator: senator bentsen question for you and you have two minutes to respond. what bothers people was not so much for qualification, but your split on policy with governor dukakis. he has said that he does not want to clone himself, but you disagree with him on some major issues, a that the in nicaragua conference, did the death penalty, gun-control among others. if you had to step into the presidency, whose agenda would you pursue, yours or his? >> i am delighted to respond to that question. because we agree on so many things and in the best majority of the issues, we agree on
worldwide of the united states military? two minutes, virgil goode. >> as i said, if i'm elected president i will balance the budget, and part of the cuts have to be in the department of defense. we cannot do as mitt romney and paul ryan suggest increase military funding by $2 trillion over the next decade. i support a strong defense. but we need to retrench rather than trying to be the policemen of the world. we have too many soldiers, too many troopers scattered around the world. our presence needs to be decreased around the world, not increased, and the united states should stop trying to be the overseer of the world. that will save us billions and billions of dollars. [applause] >> all right. governor johnson. >> we need to provide ourselves with a strong national defense. the operative word here is defense, not offense and not nation building. [applause] >> the biggest threat to our national security is the fact that we're bankrupt, that we're borrowing and printing money to the tune of 43 cents out of every dollar we spend. in promising to submit a balanced budget to congress in the ye
and the united states was very unfortunate. i think also pulling our missile defense program out of poland in the way we did was also unfortunate in terms of if you will, disrupting the relationship in some ways that existed between us. then of course, with regards to standing for our principles, when the students took to the streets in tehran and the people there protested, the green revolution occurred for. for the president to be silent i thought was an enormous mistake. we have to stand for our principles, stand for our allies, stand for a stronger military and stand for a stronger economy. >> mr. president. >> america remains the one indispensable nation. and the world needs a strong america and it is stronger now than when i came into office. because we ended the war in iraq, we were able to refocus our attention on not only the terrorist threat but also beginning a transition process in afghanistan. it also allowed us to refocus on alliances and relationships that had been neglected for a decade. governor romney, our alliances have never been stronger. in asia, in europe, in africa,
that if the republicans take over control of the united states senate, they have made it clear that in order to pay for the tax cuts for the richest americans, they will make cuts elsewhere. what is the only proposal on the table? more than half a trillion dollars in cuts in education, basic infrastructure, and research. to have a good, federal partner in washington, we have to make funding education a priority. >> this question goes to elizabeth warren. can you tell us where you would look first and last? can you identify two federal programs that can be cut, and two he would work hard to protect? >> you are exactly right. we will have to take a balanced approach. i would be clear in terms of cutting the agricultural subsidy programs. it is time to cut in our military budget. we are winding out of one war. we can realign our priorities. on the other hand, i want to make clear i will not go to washington to cut medicare or social security benefits. [applause] when we talk about a balanced approach, we need to be talking about spending cuts and we need to be talking about increasing revenues. it tak
ago you told the "desert sun" that it was in our best interest that the united states remain in both iraq and afghanistan. last months you told the veterans that if president obama couldn't outline a clear and concise explanation of why troops remain in afghanistan, then the u.s. should "get the hell out." what prompted such a change in perspective, and if the u.s. pulled out immediately, how do you address concern that the enemy will fill the void? >> let me go back to a little bit more thorough reporting than that. and the article is there. but what i did say is as long as president obama cannot articulate to the american people why we are there and what we are doing, but allowing our troops to flounder because he feels comfortable because he has given a timeline for withdrawal, that troubles me greatly. under this presidential leadership, yes, i am concerned about our troops being deployed in afghanistan, absolutely. but you know what else troubles me about this timeline of president obama's, which is an arbitrary political timeline? he didn't get that from the generals, he got it
comprise not haphazardly but purposefully a history of the united states for the last 200 or so years. a number of these books have been best sellers. traitor to his class and the first american were both finalists for the pulitzer prize and you can see h. w. brands on tv all the time if you go to the history channel or turn on the tv, there he is. this book is -- i will hold this up again so you can see and recognize it easily at the book signing tend, it is a tremendous biography of ulysses grant filled with stuffed i certainly never knew and was delighted to find out. it is very authoritatively and readable. before we get to grant himself i wanted to ask bill a broad question about biography. here at the book festival there are a number of biographers. i have read several of these already, robert caro's latest volume in his massive history, biography of lyndon johnson. janet reed's biography leonard cohen, all these people at the book festival among others. david maraniss is here with a book about obama. i was curious because all these books are so different in terms of authors's a
. this is the highest responsibility of of the president of the united states which is to maintain the sift of our people. i will not cut the military budget by $1 trillion. that in my view is making our future less certain and less secure. >> first of all, the sequester's not something that i proposed. it's something that pro-posed. i think governor romney hasn't spent time looking at how our military works. we had fewer ships. we also have fewer horses an bayonets because the nature of our military has changed. we have these things called air force carriers. the ships that go under water, nuclear submarines. it's what are our capables. so when i sit down with the secretary of the navy and the giant chief of staff, we determine how we're going to be able to best all of our defense needs a way that also keeps space with our troops but make sure they have the kind of support that they need when they come home. and that is not reflective in the kind of budget that you're moving forward. it just doesn't work. >> we visited the website quite a bit and it still didn't work. >> i'd like to move to the n
to be president president of the united states. is a democratic analyst, to us it just sort of reignited the whole medicare issue because you know we have spent a lot of time and glen and i do senate and house campaigns, talking about the ryan plan. and you know, sometimes we talk about the ryan plan without saying the ryan plan because people didn't know who paul ryan was. well, now they do and now they know there is a ryan plan on medicare. so in the polling we have done and i'm sure glen has done polling of his own, we see it's an effective message for democrats against republicans to talk about the ryan plan and the republican plan on medicare. >> before you jump and glen let me push back a little here. >> go right ahead. [laughter] >> a day or two before governor romney made his decision on running mates i was talking with stan greenberg, another democratic pollster and he runs a democracy corps with james carville and they have been desperately trying to use the ryan plan you know, to basically beat republican members of congress about the head with the ryan plan and with minimal success bec
want to reward small businesses and manufacturers who are creating jobs right here in the united states of america. [cheers and applause] second, my plan will cut our oil imports in half by 2020 so we control more of our own energy here in america. megyn: and here's a look at why the president stayed in florida after last night's debate in boca raton. the latest polling average from realclearpolitics.com that averages all the polls shows romney leading among likely voters with nearly 48.5% and the president averaging around 46.5%. if you look at the more recent polling, it looks very much in governor romney's favor. we've told you earlier that suffolk polling pulled out a while back saying they don't believe that's competitive any longer although clearly team obama disagrees with that. critical state, as you know, in this election. governor romney, meantime, now working to shore up support in the nevada with paul ryan. the pair set to appear in henderson together just about a couple of hours from now. nevada is another battleground this year, and you can see why the governor is there. t
basis. pretty much every day, i will look at scotus blog, supreme court of the united states. or there is a blog called "how appealing." there are a variety of blogs, written by law professors. some are more conservative and some are more liberal. i will look at those every once in awhile and see what people are saying and thinking and writing about legal issues. i find them interesting and occasionally useful. you know. it is the world i come from, as you know. i am not going to say, i am never going to read the law review article again. >> do you read them before, as you are trying to sort through cases? >> usually only when the briefs point them out. i rarely do an independent search. >> you talked about the role of clerks in sorting through the cert petitions. in recent years, the court has taken many fewer cases than it did in an earlier area. -- earlier era. maybe there are fewer circuits and fewer important issues, but that seems unlikely. do you have a sense of whether the court is taking the right number? >> the truth is, i do not know if it is unlikely, for this rea
'll win this election again. we'll finish what we started and we'll remind the world why the united states of america is the greatest nation on earth. >> mitt romney knows his chances of winning the presidency are slim without ohio, regardless of what the national polls say. romney scheduled multiple events in the state of ohio over the next several days as well as events in other swing states. he was in iowa today making the hard sell for voters to abandon president obama. >> i want to ask you for a commitment. that's for you to find one person who voted for barack obama last time and convince him to come our team. maybe more than one. i need your help to do that. >> romney is striking while the iron is hot. he's continuing to jab president obama in his stump speech. >> these are tough times with serious issues. so you have to scratch your head when the president spends the last week talking about saving big bird. >> this new aggressiveness was influenced by those close est t home. romney's sons have taken a more creative role in crafting his campaign. josh romney showed the aggressive ro
opponent when into the united states senate in 2001 with the biggest surplus in the united states and six years later left with massive deficits. during his time in the senate, the national debt went up by $16,000. he conceded that spending was a problem in the senate. we also have people who need to know how to work together. i learned to cut crime bills and the economy. my opponent said his job was to not democrats softly. he took this similar position in the senate, fighting efforts led by the then-senior virginia senator. when someone who will fight and that is what i will do is your next to none state senator. >> if mr. allen, your opening statement. >> thank you. it's much better future than what we are having to endure these days. that is why i put forward a detailed plan. my blueprint for america to get an economy and stronger jobs. the question is which one of us can be accounted upon. you may have read an article that was comparing our two governorships. the call me when the most accomplished modern governors with major improvements in public education, safety, welfare reform, a
there is a tremendous amount of capital flowing into the united states. and $90 billion may seem like little to you, and i am impressed it seems like little, but i have tried to cut it out of the social welfare spending. >> i agree with you. >> if you start to constrict investment into the united states. >> we are not going to. >> well you certainly will. >> we had it during the 40s, i have the ifs, early 70s -- >> but we are in a competitive world. >> we had huge amounts of capital. >> i am an investor and i have a portfolio. if capital gains goes to 25, 30%, i am no not going to invest. i will buy municipal bonds. >> no, you would earn municipal bonds at 2 or 3%. capital gains even if you are in the index funds you are likely to get 7, 8, 9%. you give away a third in tax and you are doubling it. >> the numbers are meaningful though. take a step back. if you were to actually tax a dollar made in the stock market or a dollar made with your real estate the same way a dollar made in a factory, the government would raise $250 billion a year over the course of 10 years. that's $2.5 trillion. that's thr
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